Common use of Release of Source Code Clause in Contracts

Release of Source Code. The source code will be released to the District in accordance with the Escrow Agreement upon the occurrence of one or more of the following conditions: (i) Contractor's failure to carry out obligations imposed on it by the Contract or any agreement between the District and Contractor relating to the use of the Products; (ii) Contractor's announcement or acknowledgement that it will no longer support the version of the Products then being used by the District; (iii) Contractor's failure to continue to do business in the ordinary course; and (iv) Contractor is subject to voluntary or involuntary bankruptcy.

Appears in 2 contracts

Sources: Technology Contracts, Technology Contracts